BYD delivers its US$ 609 million investment plan to Brazil

BYD plans to invest US$ 609 million and create more than 10,000 jobs with its electric car factory in Brazil.

China and Brazil expand cooperation in various fields

China and Brazil agreed to strengthen the synergy of their development strategies and broaden cooperation

Petrobras unveils its 2024-2028 action plan: greener and with greater interest in China

Brazil’s state-owned Petrobras published its new investment plan: more renewable energies and new interests in partnerships with China

Chinese Foreign Minister to visit Brazil, Jamaica

After first overseas trip to four African countries in 2024, Chinese Foreign Minister Wang Yi begins trips to Brazil and Jamaica

BYD in talks over lithium exploration in Brazil

Chinese electric car company BYD explores Brazilian mining sector to access lithium supplies with mining company Sigma Lithium

dólar estadounidense

Brazil and China Stop Using Dollars in Their Bilateral Trade

Brazil and China have conducted bilateral trade using their national currencies, specifically the Chinese yuan.

Brazil faces obstacles to entering China with 70,000 tons of beef shipped

Following Brazil’s report of atypical cases of Bovine Spongiform Encephalopathy in February, the country is now facing a challenging situation with 70,000 tons of meat products being unable to enter Chinese ports.

Petrobras and China Energy International will explore business opportunities in clean energy

The Brazilian state-owned oil company, Petrobras, has announced the creation of a working group in collaboration with the Chinese state-owned company China Energy International to analyze joint business opportunities in the renewable energy and green hydrogen sectors. Both parties intend to develop these opportunities beginning in the second semester of this year.

China and Brazil strengthen their partnership with new bilateral agreements

China and Brazil have strengthened their ties with the signing of 15 cooperation agreements covering various areas such as trade, technology, and communications. These agreements, sealed during talks between Presidents Xi Jinping and Luiz Inácio Lula da Silva, reinforce the comprehensive strategic partnership between the two countries and are part of China’s Belt and Road Initiative.

China strengthens its influence in Latin America through the energy sector

China is increasing its influence in the energy sector in Latin America, with Chile, Brazil, and Peru being the countries where its presence is concentrated in the power distribution market. According to data from Boston University, since 2000, Chinese development banks have financed nearly $10 billion in power generation and distribution projects in the region.

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